Which companies provide the raw materials for your product?

Are there many suppliers, or only a few?

Does rivalry between the suppliers drive down the price of some of the raw materials?

Is a virtual monopoly on some of the raw materials by a single supplier likely to drive up the price of raw materials?

Overall, how will the bargaining power of suppliers affect the cost and ease of obtaining the materials necessary to sell in the automotive industry?

Use this writing template to describe the bargaining power of suppliers in the auto industry.

WRITING TEMPLATE

Describe the bargaining power of suppliers in the automotive manufacturing industry.